Galaxy Agrico Exports Balance Sheet Health
Financial Health criteria checks 5/6
Galaxy Agrico Exports has a total shareholder equity of ₹43.0M and total debt of ₹15.9M, which brings its debt-to-equity ratio to 37%. Its total assets and total liabilities are ₹65.7M and ₹22.7M respectively. Galaxy Agrico Exports's EBIT is ₹25.7M making its interest coverage ratio 45.9. It has cash and short-term investments of ₹915.0K.
Key information
37.0%
Debt to equity ratio
₹15.90m
Debt
| Interest coverage ratio | 45.9x |
| Cash | ₹915.00k |
| Equity | ₹42.99m |
| Total liabilities | ₹22.69m |
| Total assets | ₹65.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531911's short term assets (₹26.1M) exceed its short term liabilities (₹7.7M).
Long Term Liabilities: 531911's short term assets (₹26.1M) exceed its long term liabilities (₹15.0M).
Debt to Equity History and Analysis
Debt Level: 531911's net debt to equity ratio (34.8%) is considered satisfactory.
Reducing Debt: 531911's debt to equity ratio has increased from 4.1% to 37% over the past 5 years.
Debt Coverage: 531911's debt is well covered by operating cash flow (112.3%).
Interest Coverage: 531911's interest payments on its debt are well covered by EBIT (45.9x coverage).